Mumbai, May 29 -- The key equity indices reversed all gains and traded with limited cuts in the mid-morning trade, despite positive global cues after a U.S. federal court blocked former President Trump's proposed Liberation Day tariffs.

The Nifty traded above the 24,750 mark. PSU bank shares slipped after advancing for the past four consecutive trading sessions. The market could be volatile due to the monthly expiry of the Nifty F&O series today.

At 11:30 ST, the barometer index, the S&P BSE Sensex, shed 37.91 points or 0.05% to 81,275.95. The Nifty 50 index fell 21.35 points or 0.09% to 24,732.40.

The broader market underperformed the frontline indices, The S&P BSE Mid-Cap index rose 0.18% and the S&P BSE Small-Cap index added 0.23%....